29-01-2019 12:39 via 10tv.com

PG&E files for bankruptcy amid wildfire lawsuits

SAN FRANCISCO — The largest utility in the U.S., Pacific Gas & Electric Corp., filed for bankruptcy Tuesday as it faces billions of dollars in potential damages from wildfires in California.The utility filed documents in a U.S. court seeking Chapter 11 reorganization despite state investigators determining last week that its equipment was not to blame for a 2017 fire that killed 22 people in Northern California wine country.The company cited hundreds of lawsuits from victims of that bl
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